The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1887-02-15
COM MER CIAL.
g0yOLrLU. FEBRUARY Is. 1851.

HONOLULU. FEBRUARY Is, 1887.
Since our last We have had advices from
Coast which shown apparent change in the
price of our principal staple, sugar. Even in
Europe and the Eastern States there is no
hope of an immediate rise.
Business in and about town is not as active
as could be desired. Retailers complain of
dullness in their different lines.
From the other Islands the most cheering
accounts come of an abundant crop of sugar
all of the mills being busily engaged grind
ing. There is plenty of sugar ready for ship
ment, but the boisterous weather of the past
week has prevented shipments to this city.
Rainy weather has prevailed very generally
all over the group, and the Young cane looks
promising.
By the Australia We have received Messrs.
Williams. Dimond & Co.'s trade circular for
this month, which is herewith presented:
sax FRaNcrSco FEB. ID 1857.
sUGAR-sinee the above date there has been
no change in the prices OF our local rennerles-
The following changes have taken place In the
Cuba basis: Ian. Sth. l-l6es l%th, 5-lbe; 2Oth.
lie and sSth 5-s2c. all for 90 test. Since the
Ssh there has been no sale Of Cuba centrifugals
in New York which affects the basis here.
EAsTEEN AND FOREIGN MABKErs-The General
situation in New ! crk and Europe does not ofer
much encouragement for higher prices in the
near future. and the coal strike which has been
cutie general in coal regions East, and also
fered with business more than was at first antlci-
pafed- II has closed some refneries owing TO
the difficulties in obtaining a sufficient supply Of
anthracite coal. consequently the market for
raw sugars mas been limited and transactions
small. There has been no occasion TO replenish
stocks Of raw sugar OF the spot, and buyers have
shown indifference with respect TO future dellY-
CRIES. spot supplies IN nTst hands however nave
been quite steadily held. although scme holders
having become impatient, have accepted conces-
sions.
- -
nit. were &C. fOr Cube. SIC. for GrGnul2ted and
1 I3-16c, for extra Fellows.
The London Market has undergone very little
change since our last report.
Quotations for Beet S. test. on the lgtn ut
were lis Sd; s4th. lis I'D; 18th, lis; 10th, lis
I'D. and the 18th. LIS
The Louisiana crop Is ended According 10
reliable estimates. the total domestic crop Tor
last year intending besides Louisiana, the other
Southern States where cane Is grown. was about
1S5l5s tons against lOOo tons in 1885.
The prospective supply OF sugar IN the world
for the current wear is now engaging the atten-
Tiou OF all interested in the industry, and suth-
cient data il already available 10 state that the
production Of the world this year viii exceed
Thai Of last .but TO what extent in excess Of the
actual requirements OF consumption, Is the uues-
rlon that cannot vet be solved
Beet sugar yields about one-half OF the world :
supply. and the crop now IN course OF fabrlcato on
promises 10 be the largest ever produced. The
greatest increase has taken place III FrGpce
which IS the direct result Of the bounty system
in operation in that country.
Russia and Poland are the only countries show
ing decrease, as compared with last year.
Lichts' estimate Of the total yield OF Europe
for 1855 is 25S0OOO tons, and 1t Is considered
by those posted that this estimate would be fully
realized.
Latest telegr4phic advices, Of yesterday, from
New York report no change in the Cuba basis
since the SSth ult.
London beets SS7 test lis.
RICE-we cGote price at &c .54lsc., as to quail
ity.
FLoUR-G &. extra family. $3.50; e. Dorado,
$500 OBJ; Crown. $3.50 per bbl. fob:
BARLEY-No. / feed, s1.1714Gs1.22 per c.l.
fob.
ton fob.
BRAN-Sl5.25 per ton fob.
OATS-Fair, 81 80; Good, Sl.55; choice, Sl6O
per CT. fob.
HAY-Compressed choice wheat and oat $3.50
per ton fob; large bales Sl5GSl6 do.
LIME-Sl.40dS $50 per Dbl fob.